The American Economy Added Jobs in March, And it Shows
Monday, April 5th, 2010While the unemployment rate remained steady at 9.7 percent for the third straight month, in March the nation’s economy posted its largest job gain in three years.
According to recent Labor Department calculations, employers added 162,000 jobs last month— the most since the recession began more than two years ago. As The Huffington Post reports, “The total includes 48,000 temporary workers hired for the U.S. Census, also fewer than many economists forecast. Private employers added 123,000 jobs, the most since May 2007.”
Both public and private sectors felt an uptick in hiring, with temp services adding 40,000 workers; health care generating 7,000 jobs; and hospitality adding 22,000 positions.…